The purchase of Move, Inc. by News Corp could bring more change to how homes are sold in America. Last summer, I described on camera how our market is moving towards a single-agency format, and have been mumbling about it ever since. By the time the movie comes out,...
The Future
“Game On”
The Zillow CEO yesterday, responding on twitter to the News Corp acquisition of Move, Inc., and realtor.com: Game on. — Spencer Rascoff (@spencerrascoff) September 30, 2014 Spence came out swinging at everybody today, and then stated that Zillow has 60,000...
News Corp vs. Godzillow?
I don't know what this means yet for consumers, but realtors have been losing control of our destiny all year - at least News Corp might put up a fight. From HW: http://www.housingwire.com/articles/31540-news-corp-will-buy-move-for-950-million "This acquisition will...
Robot Real Estate
Here's another company who intends to disrupt traditional real estate: http://techcrunch.com/2014/09/08/allre-lets-you-buy-and-sell-your-house-online-without-a-real-estate-agent/ A few thoughts: 1. They have launched their transaction management business in San...
Agent-Matching With A Twist
This is what happens when our industry leaders are asleep at the wheel - others keep jumping in to get their piece of the action. These guys seem like just another agent-rating website, but they are a real estate brokerage too - and will co-list the property with the...
Future New Homes in CV
We know that Pardee has been around the Carmel Valley area since the beginning, back when it was called North City West. They bought up almost the entire zip code, and still have a ways to go before selling out. Circled below is roughly 320 acres that they've owned...
NAR Gem
From realtor.org: http://speakingofrealestate.blogs.realtor.org/2014/08/08/whats-the-future-of-real-estate/ In 1991, the National Association of REALTORS® made an “office of the future” video predicting what kinds of space-age technologies would change the home buying...
Flanker
There is so little confidence in realtor.com that the major players are creating their own real estate search portals. These portals could require the consumer to at least register your name and email address, and then the solicitations will commence. The article...
Dismantling the Cabal, Part 3
Zillow and Trulia went and got married over the weekend. The idea of them becoming a brokerage is another topic, and they would be swinging for the fences there - it's probably not going to happen, at least not in the short-term. But their marriage does set up the Big...
They Are Excited
Because of your importance as a Premier Agent, I wanted you to be among the first to learn we have just announced that Zillow has entered into a definitive agreement to acquire Trulia. You can read the full press release here. I'm really excited about this...